68 Melbourne Avenue, Birmingham, B19 2HZ
By Bond Wolfe
£ 60,000
Reviews
2 out of 5 stars
Bond Wolfe says ..
For Sale By Public Auction 06 February 2025 A vacant freehold end terraced property
Property Oracle says ..
This two-bedroom end-of-terrace property located on Melbourne Avenue in Newtown, Birmingham, is being offered for sale via public auction. The property is situated in an area offering proximity to several well-regarded schools and convenient access to Birmingham city centre via multiple train stations. However, the property’s current condition presents a mixed picture. From the photographs, the interior requires modernisation, with the kitchen and bathroom seemingly needing complete overhauls. The property does, however, benefit from a small, enclosed rear garden and what appears to be off-street parking. The list price of £60,000 positions this property as a potential investment for those willing to undertake refurbishment. The price point may be justifiable due to the auction format and the need for substantial renovations. Buyers should conduct a thorough survey before committing to a purchase. Overall, the property presents a mixed bag - a potentially good investment requiring significant investment in terms of time and resources.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 4
- Location
- 7
- Land
- 3
- Bedrooms
- 2
- Bathrooms
- 0
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Metrics Year-on-Year
- Average area value
- 245,074.00 £Decreased by 15.93 %
- Average area rental value
- 1,254.00 £/moDecreased by 5.43 %
- Est rental Yield
- 6.14 %Increased by 12.45 %
- Crime Rate
- 3.00 %Unchanged by 0.00 %
Agent Activity
Bond Wolfe created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Nishkam High School | Free Schools | Outstanding | 0.30 KM |
| Anglesey Primary School | Community School | Good | 0.40 KM |
| Mayfield School | Academy Special Sponsor Led | 0.62 KM | |
| Lozells Junior And Infant School And Nursery | Community School | Good | 0.62 KM |
| Holte School | Community School | Requires improvement | 0.68 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Autumn Grove | £ 0 | 0 | 0.00 KM |
| Autumn Gove | £ 339,950 | 0 | 0.00 KM |
| Carpenter's Road | £ 189,000 | 0 | 0.00 KM |
| Wheeler Street | £ 0 | 0 | 0.00 KM |
| Farm Street | £ 220,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Jewellery Quarter | 1097 | JEQ | 1.20 KM |
| Birmingham Snow Hill | 1006 | BSW | 1.89 KM |
| Perry Barr | 1128 | PRY | 2.10 KM |
| Birmingham New Street | 1127 | BHM | 2.41 KM |
| Birmingham Moor Street | 4515 | BMO | 2.69 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Melbourne Avenue, Birmingham | £ 225,000 | BUY | 6 / 10 | 0.09 KM |
| Ventnor Avenue, Lozells, Birmingham | £ 210,000 | BUY | 5 / 10 | 0.13 KM |
| 7 Autumn Grove, Hockley, Birmingham, West Midlands, B19 | £ 90,000 | BUY | 5 / 10 | 0.22 KM |
| Autumn Grove, Hockley, Birmingham | £ 330,000 | BUY | 7 / 10 | 0.23 KM |
| Carpenters Road, Birmingham, West Midlands, B19 | £ 155,000 | BUY | 6 / 10 | 0.25 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 24 Roslin Grove | £ 71,500 | 0.07 KM |
| 18 Roslin Grove | £ 27,000 | 0.07 KM |
| 83 Melbourne Avenue | £ 150,000 | 0.08 KM |
| 87 Melbourne Avenue | £ 143,000 | 0.08 KM |
| 121 Melbourne Avenue | £ 98,000 | 0.08 KM |